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20130104
20130112
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Jan 7, 2013 8:00pm PST
,000 to lobby for a wind energy tax credit. possibly the biggest player here was capital tax partners, capital one and goldman sachs among the big banks that paid the firm $2.2 million, and another $700,000 to keep the tax depreciation down low. and another $490,000 from movie producers. >> cenk: now all the turks are here, but if you don't watch the show none of them are turkish. this is bribery. they paid $2.2 billion and get $11 billion back in one of the cases. am i seeing this wrong or this is obviously legalized bribery. >> yeah, definitely, but how is it different from what we see over and over again. >> what is different these are all for industries that will create jobs. without these tax breaks the jobs wouldn't be available. that's the argument being made. in some cases that's true, but in rare cases is that true. >> cenk: corporations made the same argument in 2004 when they wanted a repatriatation tax holiday. they wanted to bring in their profits from overseas. after their brought in their profits that were taxed at 5% rather than 35% they cut jobs in america. wow, i didn't see t
Search Results 0 to 1 of about 2 (some duplicates have been removed)